back to article Apple's latest financials are still pretty decent even though iPhone sales are slowing

Apple reported healthy revenues, beating analyst estimates for its fiscal second quarter despite decreasing demand and production of its iPhone X smartphone. During an earnings call on Tuesday CEO Tim Cook said customers chose the iPhone X more than any other iPhone each week in March following its release in November. Apple …

  1. This post has been deleted by its author

    1. Dave 126 Silver badge

      Re: Only 4,000 Macs?

      Above comment withdrawn because the correction has been made to the article.

      1. djstardust

        Re: Only 4,000 Macs?

        That's probably correct.

        They are horrendously expensive, SSD soldered to the logic board, useless touchbar and a keyboard that craps out in no time.

        I'm actually surprised as many as 4000 mugs bought them.

        1. gnasher729 Silver badge

          Re: Only 4,000 Macs?

          So sad for you that it is 4 million Macs sold. In a shrinking PC market.

        2. Anonymous Coward
          Anonymous Coward

          Re: Only 4,000 Macs?

          I can hear Steve Ballmer laughing at you...

  2. Anonymous Coward
    Anonymous Coward

    Hey Tim...

    "...iPhone sales are slowing."

    I would have bought the next iPhone, in spite of the price and in spite of the DRM-infested charging cables. But then you left out the headphone socket. If your goal was to keep pushing until you found my limit of patience, well you found it.

    Worth mentioning, 'Strange Parts' on YouTube has demonstrated that the headphone socket could have been included, because he modified his iPhone to include it. Thus revealing that many of the ever-changing excuses provided by Apple and Apple fanbois were false. Revealing it to be simply a cynical ploy.

    1. Charlie Clark Silver badge

      Re: Hey Tim...

      I'm not sure if the lack of a headphone socket matters that much to many people. Personally, I've used Bluetooth headsets for years to avoid getting the cables snagged. I've also recently started seeing a few more people with the Apple toothbrushes in their ears, so they obviously seem to like them. But I do think your underlying point is valid: Apple are tinkering rather than developing.

      1. PhilipN Silver badge

        Tinkering rather than developing?

        Watch 3 does cellular. One day, in one possible scenario, we shall all make calls that way.

        Fine by me. Phone calls are less than 1% of what I do on the, um, phone.

      2. Tigra 07

        Re: Charlie

        "I'm not sure if the lack of a headphone socket matters that much to many people"

        69% of people polled wouldn't buy a phone without a headphone jack. So, if you don't have strong brand loyalty it's a death sentence to remove the port.

        Source: https://www.poll-maker.com/results1968647x5f5D4239-51#tab-2

        1. Charlie Clark Silver badge

          Re: Charlie

          69% of people polled wouldn't buy a phone without a headphone jack.

          The result doesn't surprise me, but I'm not so sure that when it comes down to the sale whether it would really that much. I think the sales of phones without removable storage (very important for me) or removable batteries (not so, even though I do have two replacements) tend to show this. Note, it's not as if I'm advocating the toothbrushes but I can understand why Apple phased the jack out, and not just because it saw an opportunity to fleece the customers…

          Not that it fusses me that much: my S5 has a (waterproof) jack if I want it, but I always use my Jabra sports thingy. For a while Bluetooth headsets seemed to be a strange mix of the expensive and the shitty but it now looks like you can get something with excellent battery life (> 10 hours) for around € 50.

      3. Korev Silver badge

        Re: Hey Tim...

        A cynic would suggest that the toothbrushes are kind of an advert for Apple in the same way that the original white "buds" were.

        I guess that making expensive headphone so easy to lose doesn't harm Apple's bottom line either.

        1. Spanners Silver badge
          Facepalm

          Re: Hey Tim...

          They are an advert to muggers that you have an iPhone.

          Was it the NYPD that advised joggers to change their headphones to cut down the likelihood of being robbed?

          1. Tigra 07
            Pint

            Re: Charlie

            Apple didn't phase the jack out, they just removed it on the next model. I'd argue that phasing out would mean half a jack, and then no jack. Apple simply removed it and lied about there not being enough space for it to shift expensive bluetooth headtoothbrushesphones. As we've seen since there is enough space for a jack, and you can build your own if you really really don't want to simply buy an Android phone.

    2. xbit

      Re: Hey Tim...

      There's a 3.5mm to Lightning adapter bundled with every iPhone so I don't see your problem. Unless your headphones cable being two inches longer is a deal breaker to you?

  3. a_yank_lurker Silver badge

    Fruit vs Itsy Bitsy Morons

    An interesting comparison is Fruit has both revenue and profit growth about every quarter. Also, they seem to be building a service business without too much fanfare. This makes you wonder what else they have under wraps to announce in the future that might be a big hit. While Itsy Bitsy Morons seem to losing sales every quarter even if their profits wobble. The Morons are talking about how they plan to make a major splash in the whatever but never seem to get around to it. There is a sneaky feeling that all is not well with the Morons and some speculation when they will go bankrupt as they sink into total irrelevance.

    1. Richard 12 Silver badge

      Re: Fruit vs Itsy Bitsy Morons

      Apple are consumer, IBM are professional/business services.

      They aren't comparable.

      Consumer services is trivial functionally with massive numbers of (traditionally) fickle direct users, who have no legal power at all if the service doesn't work or is terminated, while business services are the exact opposite.

      1. Korev Silver badge

        Re: Fruit vs Itsy Bitsy Morons

        I guess it depends on which country you're in; America seems to have no problem putting together "Class Action Lawsuits".

  4. handleoclast
    Joke

    I don't understand financial trickery

    Nevertheless, there are lingering concerns about the slowdown in sales, and in the amount of inventory Apple has sitting on warehouse shelves. These concerns are unlikely to worry investors, as Cook also announced Apple would spend $100bn buying back its own stock.

    I don't understand this magic financial stuff, but does that mean Apple could also buy back its own unsold inventory to please investors even more?

  5. Anonymous Coward
    Anonymous Coward

    I agree with all comments below.

    1. Mike Moyle

      **Insert scatological comment about Anonymous Cowards who endorse any comments below theirs, here**

  6. JassMan Silver badge

    Of course they are still making loads of money

    They create software that slows down your old phone - they tell you that it will all come good again if you get let them replace the battery - as a gesture of goodwill they tell you they will only charge £25 instead of the usual £79 for a £2 battery. Then when you send it off to them they send a bill for £225 being £25 for the battery and the other £200 to replace the frame which had a barely visible dent on 1 corner. Of course, the frame had to be replaced because it may have prevented re-assembly.

  7. Joe Gurman

    For reference purposes

    https://appleinsider.com/articles/18/05/04/iphone-x-was-worlds-best-selling-smartphone-model-in-first-quarter

    Um.... what was that you were saying?

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